IBM and U.S. Department of Commerce Announce Proposed $1 Billion CHIPS Award to Fund Purpose-Built Quantum Foundry

Insider Brief PRESS RELEASE — Today, IBM (NYSE: IBM) and the U.S. Department of Commerce (DoC) announced a Letter of Intent (LOI) to build an American quantum chip foundry, securing the nation’s global quantum leadership and fueling the country’s growing quantum ecosystem. The CHIPS incentive from the DoC will support the research and development efforts of […]

Source: The Quantum Insider — read the full report at the original publisher.

This is a curated wire item. The Continuum Brief does not republish full third-party articles; this entry links to the original source.